A Brief Timeline

2006

December:METROPOL Asset Management won the bid
for sale of part of assets of OAO Moskvich.
The seminar of OAO Gazprom took place in Tokyo. The seminar was
held by METROPOL Group in cooperation with Nikko Citigroup – a
subsidiary of one of the largest Japanese financial conglomerates
Nikko Group and Citigroup.
The exhibition “Pavel Filonov. Eyewitness of Invisible” was opened
in the Museum of Private Collections of the Pushkin Fine Arts
Museum. It was sponsored by METROPOL Group as a general
sponsor.

November: IFC METROPOL became a prize-winner
of the National Business Award “Company of the Year” in the
nomination “The Most Dynamically Developing Company”.
An official delegation of METROPOL Group headed by M.V. Slipenchuk
took part in the International Business Conference “Russia and
China: what to expect, what to apprehend, how to earn” and the 3rd
Russian-Chinese Investment Forum organized by the Ministry for
Economic Development and Trade of the Russian Federation which took
place in China.
METROPOL Group and the Swedish company Lundin Mining completed
establishing a joint venture for development of the Ozernoye
lead-zinc deposit.
The Japanese foundation of private investment into instruments of
the Russian stock market only – the Russian Ruble Foundation was
established as a result of implementation of the joint project of
the Japanese company United World Securities and METROPOL
Group.
METROPOL (UK) Ltd. received a permission of the Financial Services
Authority of Great Britain for dealer operations at investing.

October: METROPOL Group took part in the 2nd
Mining & Exploration Business Forum MINEX’06 which took place
in Moscow.
Metropol (UK) Limited completed introduction of shares of Teleset
Networks to the AIM of the London Stock Exchange.
The delegation of METROPOL Group headed by M.V. Slipenchuk took
part in the 9th International Investment Forum Moscow-Invest – 2006
which took place in Munich.

September: The management of IFC METROPOL took
part in the All-Russia Business Forum “National Priorities and
Social Projects. Partnership of the State and Business”.
IFC METROPOL signed the final agreement with the Swedish company
Lundin Mining on establishing of a joint venture in which 51% of
shares would be owned by IFC METROPOL and 49% of shares would be
owned by Lundin Mining. The joint venture was being established for
development of the Ozernoye lead-zinc deposit in the Republic of
Buryatia.

August: Patriarch of Moscow and All Russia
Alexiy II decorated Director General of IFC METROPOL M.V.
Slipenchuk with the Order of Sergey Radonezhsky of the third
grade.
Within the framework of the program High Start organized by
METROPOL and the Russian Aeronautical Society with participation of
the International Polar Foundation the world record flight by an
airship to the highest-ever altitude. Aeronaut Stanislav Fyodorov
in Polar Goose airship exceeded 8 kilometers.

July: East Siberian Metals Corporation
announced the beginning of construction of an ore-dressing plant at
the Ozernoye lead-zinc deposit in Buryatia.
On July 30 the memorial plaque for cruiser Varyag was opened in
Lendlefoot (Scotland). METROPOL Group was an organizer and general
sponsor of this activity.

June: Chairman of the Board of KB OBIBANK A.V.
Kichayev and General Director of METROPOL Asset Management M.Ya.
Sheshelovsky took part in the RBC International Business Conference
“G8: Leadership of Russia – New Business Opportunities” which took
place in Stockholm within the framework of the Year of Russia in
Sweden.
The delegation of METROPOL Group headed by First Deputy Chairman of
General Director of IFC METROPOL took part in the International
Economic Forum in St. Petersburg.
General Director of IFC METROPOL M.V. Slipenchuk delivered a report
at the Forum of Industrialists and Entrepreneurs of member states
of the Shanghai Cooperation Organization (SCO).
According to Forbes IFC METROPOL was in the 13th position in the
list of the most successful IPO organizing companies.
METROPOL Group signed a preliminary agreement with Swedish Lundin
Mining Corporation about establishing a joint venture for
development of the Ozernoye lead-zinc deposit in Buryatia.

June: Chairman of the Board of KB OBIBANK A.V.
Kichayev and General Director of METROPOL Asset Management M.Ya.
Sheshelovsky took part in the RBC International Business Conference
“G8: Leadership of Russia – New Business Opportunities” which took
place in Stockholm within the framework of the Year of Russia in
Sweden.
The delegation of METROPOL Group headed by First Deputy Chairman of
General Director of IFC METROPOL took part in the International
Economic Forum in St. Petersburg.
General Director of IFC METROPOL M.V. Slipenchuk delivered a report
at the Forum of Industrialists and Entrepreneurs of member states
of the Shanghai Cooperation Organization (SCO).
According to Forbes IFC METROPOL was in the 13th position in the
list of the most successful IPO organizing companies.
METROPOL Group signed a preliminary agreement with Swedish Lundin
Mining Corporation about establishing a joint venture for
development of the Ozernoye lead-zinc deposit in Buryatia.

May: The successful conference “Russia in the
21st Century: New Investment Opportunities” organized by IFC
METROPOL with participation of the Chamber of Commerce and Industry
of the Russian Federation and the Russian-Japanese Business Council
took place in Tokyo.
The Russian national parachute team sponsored IFC METROPOL
convincingly won the regional tournament in Malaysia.

April: General Director of IFC METROPOL M.V.
Slipenchuk was granted the Order of Glory of the Nation for active
participation in charitable projects.
NAUFOR rating agency confirmed the individual reliability rating of
IFC METROPOL. The value of the rating is “АА+ ” – category “very
high reliability, first level”. The company also received the
positive forecast.
IFC METROPOL became a prize-winner of the Financial Elite of Russia
– 2006 award in the nomination “Social Responsibility”.

March: According to the rating of Finance
magazine Denis Nushtayev, analyst of IFC METROPOL joined the ten of
best financial analysts in the category “Metallurgy and Mechanical
Engineering”.
General Director of IFC METROPOL Mikhail Slipenchuk and Deputy
General Director of East Siberian Metals Corporation Oleg
Velikoredchanin took part in the work of the Russian-Chinese
Economic Forum which took place in Beijing and was dedicated
Russian President Vladimir Putin’s visit to China.

February: IFC METROPOL took the first position
in five NSMA rankings under the results of 2005.
Unit Funds managed by METROPOL Asset Management remained the most
profitable ones.

January: General Director of IFC METROPOL M.V.
Slipenchuk received the official Certificate of Authorized
Representative of the Moscow Lawyers Club in the Security Market of
the Russian Federation.
Under the results of 2005 Unit Funds of METROPOL Asset Management
were amongst leasers: in the final NML rating “The Most Profitable
Unit Funds in 2005” Metropol Zolotoye Runo Equity Fund was on the
14th position amongst Open Equity Funds and Metropol Athena Mixed
Investment Fund was on the 7th position amongst Open Mixed
Investment Funds.